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Macleay Island
AREA REPORTS

Macleay Island

Macleay Island - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4184

house

Property investments in MACLEAY ISLAND did not fare well against the rest of the country last year, registering a median home price decrease of 17.41%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MACLEAY ISLAND, 4184 saw average growth in the long term.

Real estate investors could earn a rental income of $320 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 79.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $295,000.

MACLEAY ISLAND ranks 139th on the list of best yielding suburbs for rental properties in QLD, posting a 5.64% return.

Data report can be found below

Macleay Island
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $295,000 N/A
GROWTH REPORT
Median Quarterly 2.43% N/A
Median 12 month 17.41% N/A
Median 3 years 34.09% N/A
Median 5 years 26.88% N/A
10 years average annual 3.13% N/A
Weekly media advert. rent $320 N/A
Time on Market 79.7 days N/A
Gross Rental Yield Percent 5.64% N/A
demographics (median values)*
Total Population
1960
Weekly Household Income
533.8
Household Size
2.10
Age
52
Monthly Loan Repayment
715
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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